Tax Tips

pstrongWith only one month left in the calendar tax year, now is the time to make some strategic moves to lower your taxable income for the year./strong/ppBefore there year ends, you’ll want to give yourself the gift of savings on taxes. Below is a list of common tactics to take before the year’s end.

pspanIf you’ve always been an employee and are just starting out on your own, you’ve probably started to hear more about this “quarterly taxes” thing.

pstrongIn 2013, the IRS launched a new method for claiming a deduction for the work-from-home workforce. Find out if it’s right for you!/strong/ppTechnology has driven the sharp rise in the remote workers over the past decade. This rise has also hugely increased the amount of paperwork for all involved: the worker, the tax preparer and the IRS.

pstrongIf you incurred a significant amount of healthcare and dental cost costs last year, you may be eligible for a deduction when making your itemized deductions./strong/ppThere are several things that you can deduct provided your healthcare costs were over at least ten percent of your yearly gross income:/pulliSurgeries/liliHospital Stays/liliPr